Steel Plant Restarting Due to Trump's Proposed Tariffs - Page 2

But experts still predict damage to US economy
By Michael Harthorne,  Newser Staff
Posted Mar 7, 2018 12:48 PM CST

  • While officials say the final language for the tariffs hasn't been settled on yet, Trump is pushing for them to be put into place this week—possibly as soon as Thursday, the Wall Street Journal reports. “We are definitely going to end up with these tariffs, and we’re going to roll this out very, very quickly,” Steve Mnuchin says. Still an issue: whether Trump will exempt certain countries.
  • Meanwhile, Wilbur Ross is trying to calm the fears of lawmakers and the rest of the world. "He's already indicated a degree of flexibility," CNN quotes the commerce secretary as saying of Trump. "I think you're going to see, as you understand the details of what actually is going to happen, that we're not trying to blow up the world."
  • Regardless, the EU is still preparing to retaliate against the US if Trump's tariffs are implemented, the New York Times reports. A provisional list of US goods that could face new tariffs includes T-shirts, bed linen, chewing tobacco, cranberries, orange juice, peanut butter, bourbon, and motorcycles.
  • With economists warning of a potential 146,000 American jobs lost due to the proposed tariffs, Business Insider reveals the US states that could be hit hardest, including Louisiana, Connecticut, and Missouri.

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